Question
Candice owns an apartment in Sydney, her lawyer Doug (a lawyer) holds the title deeds. Candice goes on long work trip to Europe. At the
Candice owns an apartment in Sydney, her lawyer Doug (a lawyer) holds the title deeds. Candice goes on long work trip to Europe. At the time the apartment is worth $850,000. Doug has a gambling problem, and two weeks after Candice departs, Doug forges her signature and sells the apartment to Kelly, (a fictious person), for $500,000 cash. This is enough to pay out the mortgage. Doug (Kelly) then puts the apartment on the market and sells to Jason for $1,250,000. Doug goes to Las Vegas and loses all the money. Candice arrives home about two months later to find Jason living in her house. Candice comes to you for advice; advise Candice.
Could you format the answer in IRAC format and specifically mention any relevant Australia Acts and their sections (such as the SIS act or Real property act)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started